Footwear Businesses Seeking Loan in Delhi

- Manufacture footwear for both children and adults. - We manufacture both under our own brand and for other brands on contracts. - Our own brand is trademarked and we have around 3,000 proprietary designs for both adult and children's footwear. - Manufacture and sell around 6,000 to 9,000 pairs of our own branded shoes each month. - These shoes are sold by 20 distributors all over India. - Regularly receive contract work from several well-established brands including Liberty, Relaxo, and Action. - We also do contract work for 10 to 15 lesser known local brands. - The contract work contributes to 40 - 50% of our revenue. - Physical assets owned by the business include inventory and manufacturing equipment. - The business had to relocate from an older premises due to a disruption which led to a financial loss. - Moving into the current premises has increased overheads and the general slowdown in the economy has also affected the business negatively. - The business is still operationally profitable and has recently secured several new orders by extending a credit period of 90 days and we require working capital to fulfill the order.